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PART 2BENEFITS FOR OFFICERS

CHAPTER 3CONTRIBUTIONS

Basic contributions by members

Members' contribution rate

28.—(1) Contributions under regulation 27(1) must be paid at the member’s contribution rate for the period in question.

(2) Subject to paragraph (3), a member’s contribution rate for that period is the percentage specified in Column 2 of the following Table in respect of the corresponding pensionable pay range specified in Column 1 of the Table into which the member’s pensionable earnings fall.

Table
Column 1Column 2
Amount of pensionable payContribution rate
Up to £19,6825%
£19,683 to £65,0026.5%
£65,003 to £102,4997.5%
£102,500 to any higher amount8.5%

(3) The Department may make a determination substituting any or all of the pensionable pay amounts or contribution rates specified in the table in paragraph (2) with effect from a date specified in the determination.

(4) Before making a determination under paragraph (3), the Department must consider the advice of the Scheme actuary and the Department of Finance and Personnel.